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Detailed Information
- Style: King Edward
- Size: 5084 Sqft
- Price: $849,000
- Bedrooms: 3+3+3+2
- Bathrooms: 4
- Parking: Parking Pad
Detailed Information
- Address: King Edward
- City: Edmonton
- Phone No.: 1-888-780-5940
- Year Constructed: 1972
- Area: South East Edmonton
- Appliances: 12
- Reserve Fund: N/A
- Condo Maintenance: N/A
- Foundation: Concrete
- Construction: Wood frame
- Roof: Asphalt
- Approximate Closing Costs: $200,030
- Down Payment: $169,800
- Legal: $1,500
- Inspection: $1,200
- Property Insurance: $1,440
- Immediate Repairs and Supplies: $5,000
- Staying Power Fund: $15,750
- NCF: N/A
- Total Cost To Close: $200,030
- Purchase Date: April 1, 2017
- Current Date: March 1, 2017
- Current Value: $849,000
- Investor's ROI: 80% or 15% per annum
- Investor's Profit (estimated): $172,599
- Other: our property produces positive cash flow at present mortgage terms. Estimated at $42,276 over 5 years.
*Partner must qualify for financing*
Your investment includes: financial analysis, professional inspection, insurance, legal fees, basic accounting, reserve fund, CMA, down-payment, bi-annual statements, strategic market timing to ensure successful entry and exit.
Remarks: Edmonton is the top city in Alberta to invest in.Invest in properties that cash flow every month and get money going into your pockets not coming out of them.
Additional Info: This property cash flows and is at a great price.
This huge 5084 sqft property will produce $5250/month with the 4 legal income boosting suites. The incredible location near LRT, Whyte Ave and Sherwood Park Freeway ensures they'll be tenanted with equity building long term tenants.